Overview
Golf product maker's Q4 net sales rose 7.2%, beating analyst expectations
Company reported Q4 net loss of $34.9 mln
Company increased quarterly cash dividend by 8.5%
Outlook
Acushnet expects 2026 net sales between $2.625 bln and $2.675 bln
Company anticipates 2026 adjusted EBITDA of $415 mln to $435 mln
Acushnet sees constant currency net sales growth between 2.5% and 4.5% in 2026
Result Drivers
TITLEIST EQUIPMENT - Higher sales volumes of T-Series irons and SM10 wedges drove Titleist equipment sales
FOOTJOY PRICING - FootJoy golf wear sales increased due to higher average selling prices, primarily in footwear
DEBT REFINANCING LOSS - Net loss driven by $17.0 mln loss on debt extinguishment and increased interest expenses
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Sales | Beat | $477.20 mln | $452.41 mln (8 Analysts) |
Q4 Net Income | -$34.90 mln | ||
Q4 Adjusted EBITDA | $9.80 mln |
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 8 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the recreational products peer group is "buy."
Wall Street's median 12-month price target for Acushnet Holdings Corp is $90.00, about 9.5% below its February 25 closing price of $99.49
The stock recently traded at 27 times the next 12-month earnings vs. a P/E of 22 three months ago
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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